Umniah on the Up
Now that the uncertainty surrounding its possible sale has been put to rest, Umniah is keen to show that it remains one of the big hitters in Jordan’s competitive telecoms market by releasing a package of new services with 4G…
Tag: Growth
Aramex Adapts
Aramex rolls out an ambitious new business plan to tackle its courier challenge and strengthen its B2C model. Aramex turns 34 this year. For the greater part of its life, it was a regular courier company that was always known…
Feeling the Squeeze, Orange Comes Out Fighting
A revamped range of mobile packages is just one of the ways Orange Jordan CEO Jerome Henique is trying to stay ahead of the competition amidst tougher than ever trading conditions. By Laith Abou-Ragheb As well as spending millions of…
APC 2015 Net Profits Surge 31 Percent
Arab Potash Company (APC) said its 2015 net profits rose 31 percent year-on-year to around JD131 million, while it also achieved a record production volume of 2.355 million tons over the same period. In a statement, APC’s chairman Jamal al…
Perhaps the Sky isn’t Falling
A rational evaluation of the state of the global economy is needed to counter the effect of the doom and gloom merchants causing jitters in markets. By Khalid W. Wazani Although in economic theory, prices are the main determinant of…
Too Much of a Good Thing
An over reliance on foreign aid has allowed successive governments to put off taking the tough steps needed to create a truly sustainable economy. For the sake of Jordan’s future, this has to change. By Laith al-Qasem Jordan is a…
Tourism Drive Reaping Results
Jordan’s struggling tourism industry appears to have begun benefiting from a package of measures introduced last year that aimed to entice first time holidaymakers to the Kingdom and win back repeat visitors, particularly from the Gulf. Thanks to its abundance…
The Right Remuneration
Deciding what salary they should pay themselves can be one of the trickiest questions that founders face. By Rebecca Irvine While Emile Cubeisy, managing partner at venture capital firm Silicon Badia, believes there’s no clear cut answer to how big…
Upbeat Outlook for Jordan’s Economy
The Kingdom’s economy performed well last year despite regional unrest, and its upward trajectory looks set to continue in 2016. Steady reform and targeted growth bolstered investor confidence in Jordan’s economy in 2015, as weaker oil prices helped support a…
Aqaba Rising
This month, Venture presents a snapshot of the work underway to realize Aqaba’s ambitions of becoming a major hub for everything from tourism and manufacturing, to logistics and cargo support. With its strategic location, state-of-the-art port, kilometers of sandy beaches,…